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Strategies & Market Trends : The coming US dollar crisis

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To: zamboz who wrote (19984)4/24/2009 5:07:10 PM
From: LTK007   of 71456
 
EDITED:
i don't see a W myself bottom. In fact it is too late for a W, next trip down will amount to VVV , and i consider triple VVVs to be SUPER bearish. The honest P/E for SPX is now in 58-1 area. The bottom in 2002 SPX hit a 15-1 p/e.
i view triple tops as quite BULLISH and triple Bottoms as extremely Bearish.
My minimum target for a final bottom is SPX450, and i mean minimum.

Our market will be just another Japan.Max

p.s. in fact i see this rally exactly as being as ludicrous and PATHETIC a rally since the Spring of 1930.
A Brass Knuckled Reality is being denied---but it is there, and it will take the teeth out the mouths of those that refuse to consider this reality.
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